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HomeOffshore

Offshore

Critical Minerals

Trump: Can Oil Prices Push Ukraine Toward Peace?

May 6, 2025 Andy Del Prado

Daily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end […]

Policies And Climate
Crude Oil News

What is the future for U.S. crude oil? Have we hit peak production?

May 5, 2025 Clark Savage

ENB Pub Note: This article is from The Crude Truth Substack. I agree with the point that a single basin output does not define the country’s energy production capabilities. So, has the United States hit […]

ENB Pub Note

Subsea 7 wins big in Brazil with deal worth north of $1.25bn

May 5, 2025 Mariel Alumit

ENB Pub Note: This is an excellent announcement for Brazil and Petrobras.  Estimated Reserves: The Búzios field is estimated to contain approximately 13 billion barrels of oil equivalent (boe) in recoverable reserves, making it one […]

Argentina
ENB Pub Note

PAE, Golar, and partners take FID on Argentina FLNG project

May 2, 2025 Mariel Alumit

ENB Pub Note: Great update on Golar LNG. I am adding the information about Argentina’s natural gas and LNG production in the pub note.  Argentina is a significant producer of natural gas, leveraging its vast […]

ENB Pub Note

Trump energy official concedes Empire Wind halt was ‘dangerous’ – because we need all forms of energy not weather dependent

May 2, 2025 Stu Turley

ENB Pub Note: I like her response, and sent her an invitation to hop on the Energy News Beat podcast. She emphasised that the US needs all forms of energy, that it “can get its […]

Equinor
Big Oil Companies

Equinor sells majority stake in Brazilian oil field for $3.5bn

May 2, 2025 Mariel Alumit

Norwegian energy major Equinor has sold its stake in the Peregrino field to Brazilian company Prio Tigris, a subsidiary of PRIO, for $3.5bn Equinor sold its 60% operated interest in the field to PRIO, Brazil’s […]

Big Oil Companies

New rig deals boost Valaris backlog to $4.2bn

May 1, 2025 Stu Turley

ENB Pub Note: Interesting update from Valaris for ExxonMobil. The unit is offshore Cyprus and may be heading to Angola. The offshore business is one we are tracking as global oil demand is expected to […]

Ørsted
Finance

Ørsted sells stake in UK offshore wind farm for $600m

May 1, 2025 Mariel Alumit

Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of […]

SBM Offshore
Big Oil Companies

SBM Offshore to install BP’s Gulf of America production unit

May 1, 2025 Stu Turley

ENB Pub Note: BP’s offshore production in the Gulf of America is significant, with the company operating several major platforms and aiming to increase output. As of the latest available data: Current Production: BP operates […]

Big Oil Companies

Why is U.S. LNG Dominating Global Markets?

May 1, 2025 Andy Del Prado

Daily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the […]

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